TABLE 11 - 30
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Peas, Field on Share Rent Avg. Of
All Farms
Number of fields 11
Number of farms 8
Acres 105.75
Yield per acre (bu.) 36.82
Operators share of yield % 69.46
Value per bu. 4.51
Total product return per acre 115.36
Miscellaneous income per acre 5.95
Gross return per acre 121.30
Direct Expenses
Seed 21.34
Fertilizer 6.06
Crop chemicals 27.92
Crop insurance 4.51
Fuel & oil 5.15
Repairs 10.40
Operating interest 1.62
Miscellaneous 1.23
Total direct expenses per acre 78.23
Return over direct exp per acre 43.08
Overhead Expenses
Hired labor 4.34
Machinery & bldg leases 2.17
Farm insurance 1.58
Utilities 1.18
Interest 1.72
Mach & bldg depreciation 6.86
Miscellaneous 1.32
Total overhead expenses per acre 19.17
Total dir & ovhd expenses per acre 97.39
Net return per acre 23.91
Lbr & mgt charge per acre 10.42
Net return over lbr & mgt 13.49
Government payments 5.39
Net return with govt payments 18.87
Cost of Production
Total direct expense per bu. 3.06
Total dir & ovhd exp per bu. 3.81
With labor & management 4.22
Total exp less govt & oth income 3.77
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